4308 Los Padres Dr, Fallbrook, California 92028, Fallbrook, 92028 - 2 bed, 2 bath
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4308 Los Padres Dr
Fallbrook, California 92028
ACTIVE
CONDITION: POOR
2Beds
2Baths
1,196Sq Ft
0Lot Size
Property Price
LIST PRICE$575,000
EST. MARKET VALUE
$526,320
9% AboveMARKET VALUE
SUMMARY
This Single-Story Condominium presents a Strong Value Opportunity, listed at $575,000—positioned well below the $526,321 Fair Market Value by -9%. While the property requires a full cosmetic rehab due to its Condition Rating of 5, the prime location in the Pala Mesa Fairways offers serene Golf Course and Canyon Views. This asset provides a unique canvas for Buy-and-Hold Investors or Owner-Occupants to build equity through renovation in a highly desired, amenity-rich community.
Estimated Market Value
$526,320
Based on Realkey algorithm analyzing recent comparable sales in Fallbrook.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
The property is 38 years old (built 1986) and appears to be in mostly original condition. The kitchen features dated laminate countertops, fluorescent light panels, and original wood cabinetry, while the living areas have popcorn ceilings and older carpeting. Per the criteria for homes over 30 years old with original systems and finishes, it requires a full cosmetic rehab.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Golf Course Location
Situated on a quiet cul-de-sac with no rear neighbors, this home offers exceptional privacy and serene views of the Pala Mesa golf course and surrounding canyons.
- Resort-Style Community Amenities
Located in the highly desired Pala Mesa Fairways, the property provides convenient access to the clubhouse and premium resort amenities, enhancing the overall lifestyle value.
- Single-Story Accessibility
The desirable single-level floor plan features an attached two-car garage and comes with a Termite Section 1 clearance, offering ease of maintenance and peace of mind for buyers.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Fees
The $425 monthly association fee represents a significant recurring cost that may impact the overall affordability for budget-conscious buyers.
- Limited Interior Square Footage
With only 1,196 square feet of living space, the home may feel compact for those seeking larger rooms or more expansive common areas.
About 4308 Los Padres Dr
Come see this beautiful single story home is located in the very highly desired golf community of Pala Mesa Fairways. This home resides near the clubhouse and all its resort style amenities. This beautiful home offers 2 bedrooms and 2 full bathrooms, an attached 2 car garage and was built in 1986. Situated on a quiet cul-de-sac with no rear neighbors. You can enjoy the peace, quiet and privacy with the gorgeous golf course views while enjoying your morning coffee. Enjoy the local community and all the annual events, the local wineries and restaurants or venture further out on the conveniently close I-15 freeway and the 76 freeway. Welcome to Fallbrook
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1986
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $425.0 / Month
Neighborhood Insights
Fallbrook Unified Schools
Live Oak Elementary School
Grades K-6 • 3.6 mi
4/10
Bonsall Elementary School
Grades K-5 • 5.2 mi
8/10
Maie Ellis Elementary
Grades K-6 • 5.8 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.9 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,196 | 1,453.5 |
| Lot Size | - | 344,694.857 |
| Price | $575.0K | $606.7K |
| Price per sq ft | $481 | $413 |
| Built year | 1986 | 2015 |
| HOA | $425.0 | $423 |
| Days on market | 89 | 96 |
Pricing History
Listed for Sale
Aug 26, 2026
$575,000
$659,000
-13% Price Drop
Initial Listing
Price Change
Jul 28, 2026
$659,000
Initial Listing